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Acurity Health Group (NZSE:ACY) Equity-to-Asset : 0.69 (As of Mar. 2014)


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What is Acurity Health Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Acurity Health Group's Total Stockholders Equity for the quarter that ended in Mar. 2014 was NZ$122.07 Mil. Acurity Health Group's Total Assets for the quarter that ended in Mar. 2014 was NZ$177.58 Mil. Therefore, Acurity Health Group's Equity to Asset Ratio for the quarter that ended in Mar. 2014 was 0.69.

The historical rank and industry rank for Acurity Health Group's Equity-to-Asset or its related term are showing as below:

NZSE:ACY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.64   Med: 0.69   Max: 0.76
Current: 0.69

During the past 13 years, the highest Equity to Asset Ratio of Acurity Health Group was 0.76. The lowest was 0.64. And the median was 0.69.

NZSE:ACY's Equity-to-Asset is not ranked
in the Healthcare Providers & Services industry.
Industry Median: 0.46 vs NZSE:ACY: 0.69

Acurity Health Group Equity-to-Asset Historical Data

The historical data trend for Acurity Health Group's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Acurity Health Group Equity-to-Asset Chart

Acurity Health Group Annual Data
Trend Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.72 0.66 0.67 0.69

Acurity Health Group Semi-Annual Data
Mar02 Mar03 Sep03 Mar04 Sep04 Mar05 Sep07 Mar08 Sep08 Mar09 Sep09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.66 0.65 0.67 0.67 0.69

Competitive Comparison of Acurity Health Group's Equity-to-Asset

For the Medical Care Facilities subindustry, Acurity Health Group's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Acurity Health Group's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Acurity Health Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Acurity Health Group's Equity-to-Asset falls into.



Acurity Health Group Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Acurity Health Group's Equity to Asset Ratio for the fiscal year that ended in Mar. 2014 is calculated as

Equity to Asset (A: Mar. 2014 )=Total Stockholders Equity/Total Assets
=122.065/177.579
=0.69

Acurity Health Group's Equity to Asset Ratio for the quarter that ended in Mar. 2014 is calculated as

Equity to Asset (Q: Mar. 2014 )=Total Stockholders Equity/Total Assets
=122.065/177.579
=0.69

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Acurity Health Group  (NZSE:ACY) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Acurity Health Group Equity-to-Asset Related Terms

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Acurity Health Group (NZSE:ACY) Business Description

Traded in Other Exchanges
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Address
Acurity Health Group Ltd provides private surgical healthcare services. It owns and operates approximately three private surgical hospitals. Its surgical services include cosmetic surgery, hip and knee replacement, and hernia surgery, among others.

Acurity Health Group (NZSE:ACY) Headlines

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